Proposed Settlement Reached in Concussions Lawsuit Against the NCAA

July 29, 2014 at 10:51a    by DJ Byrnes    
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The NCAA has had a rough go in courts in 2014, but they're on the verge of settling one of their bigger headaches.

Per a release from the NCAA:

The NCAA will provide $70 million for concussion testing and diagnosis of current and former NCAA student-athletes as a part of its agreement to settle claims in several consolidated concussion-related class actions.

The settlement agreement, which also includes educational initiatives and $5 million in concussion research, will resolve the pending class actions, which are now consolidated in federal court in Chicago.  The agreement conditions are subject to approval by Judge John Lee of the United States District Court for the Northern District of Illinois.

This would mean the NCAA is getting off much lighter than the NFL, but if this satisfies the plaintiffs, then so be it. 

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And here starts the slipperly slope... 70M for a settlement, but does not address the long-term needs of these athletes.  Some may say that it's better than nothing, but if you use the Welfare or Medicare/Medicaid system as a proxy for the way that this settlement seems to have been handled, then it's clear that this is not a long-term solution at all, and is laughable at best.  I'm sure they hired some actuarians and consultants to let them know what the max damage could be based on numbers of injuries, etc, but it feels like they want the student-athletes to get covered off of their parents' private insurance... which isn't always helpful.  Emmert is continuing to brand himself as a lost cause of a leader. /rant

"I don't apologize for anything.  When I make a mistake, I take the blame and go on from there." - Woody Hayes